Newmont Corporation (NEM) Tax Rate: 39.07%
Is Newmont Corporation’s tax rate high or low?
Newmont Corporation's tax rate of 39.07% is 76% below its 5-year average of 160.30%, near the low end of its 5-year range (-26.73%–812.50%).
The tax rate for Newmont Corporation (NEM) is 39.07%. It is above its 12-month average by 13.69% (34.37%).
NEM Tax Rate Chart
NEM Average Tax Rate Chart
NEM Current vs Average Tax Rate Chart
NEM Tax Rate Metrics
TAX RATE
39.07%
TAX RATE AVG TTM
34.37%
TAX RATE AVG 3Y
213.63%
TAX RATE AVG 5Y
160.30%
TAX RATE AVG 10Y
95.78%
TAX RATE AVG 15Y
74.48%
TAX RATE AVG 20Y
58.41%
CURRENT VS TTM AVG
+13.69%
CURRENT VS 3Y AVG
-81.71%
CURRENT VS 5Y AVG
-75.63%
CURRENT VS 10Y AVG
-59.21%
CURRENT VS 15Y AVG
-47.54%
CURRENT VS 20Y AVG
-33.12%
Newmont Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Newmont Corporation Tax Rate FAQ
- What is the tax rate for Newmont Corporation (NEM)?
- The tax rate for NEM stock is 39.07%.
- Is Newmont Corporation's tax rate high or low?
- Newmont Corporation's tax rate of 39.07% is 76% below its 5-year average of 160.30%, near the low end of its 5-year range (-26.73%–812.50%).
- What is the TTM average tax rate for Newmont Corporation (NEM)?
- The TTM average tax rate for NEM stock is 34.37%.
- What is the 3Y average tax rate for Newmont Corporation (NEM)?
- The 3Y average tax rate for NEM stock is 213.63%.
- What is the 5Y average tax rate for Newmont Corporation (NEM)?
- The 5Y average tax rate for NEM stock is 160.30%.
- What is the 10Y average tax rate for Newmont Corporation (NEM)?
- The 10Y average tax rate for NEM stock is 95.78%.
- What is the 15Y average tax rate for Newmont Corporation (NEM)?
- The 15Y average tax rate for NEM stock is 74.48%.
- What is the 20Y average tax rate for Newmont Corporation (NEM)?
- The 20Y average tax rate for NEM stock is 58.41%.
Newmont Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 39.07% |
| 2024-12-31 | 29.66% |
| 2023-12-31 | -26.73% |
| 2022-12-31 | 812.50% |
| 2021-12-31 | 86.19% |
| 2020-12-31 | 21.13% |
| 2019-12-31 | 21.96% |
| 2018-12-31 | 54.75% |
| 2017-12-31 | 106.72% |
| 2016-12-31 | -248.02% |
| 2015-12-31 | 156.40% |
| 2014-12-31 | 26.49% |
| 2013-12-31 | 22.65% |
| 2012-12-31 | 28.37% |
| 2011-12-31 | 39.15% |
| 2010-12-31 | 21.40% |
| 2009-12-31 | 27.20% |
| 2008-12-31 | 8.89% |
| 2007-12-31 | -56.66% |
| 2006-12-31 | 26.06% |
| 2005-12-31 | 29.52% |
| 2004-12-31 | 29.25% |
| 2003-12-31 | 22.38% |
| 2002-12-31 | 11.69% |
| 2001-12-31 | 69.74% |
| 2000-12-31 | 1468.83% |
| 1999-12-31 | 36.73% |
| 1998-12-31 | 33.41% |
| 1997-12-31 | -13.06% |
| 1996-12-31 | -29.53% |
Related Metrics
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen